Virginia College, Spartanburg, SC

8150 Warren H. Abernathy Hwy
Spartanburg, SC 29301

PROPERTY SOLD

Property: Investment Sales

Price: $8,700,000

Cap Rate: Call

Description:

  • Located at the convergence of I-26 and I-85, one mile west of Westgate Mall
  • The 50,024 SF former furniture store was redeveloped in 2010 on a 5.88 acres
  • Virginia College is on a 15 year pure NNN lease with 1% rent bumps annually
  • The transaction closed escrow on March 30th, 2011 for $8.7 million
  • The buyer was a private investment company out of the Northeast

Virginia College, Spartanburg, SC

Downloads

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com